CP137 - Consultation on New Methodology to Calculate Funding Levies payable by Payment Institutions and E-Money Institutions



This consultation seeks stakeholders’ views on a revised methodology for calculating the Industry Funding Levy payable by Payment Institutions and E-Money Institutions.

The  case for a new levy methodology centres on a need to take account of the changing landscape in the market, revisions to the Central Bank’s PRISM risk models and a funding strategy which aims to achieve a predictable, transparent and proportionate approach to the calculation of levies.

On the expiry of the consultation period on 16 April 2021, a total of 12 responses were received which were considered in detail.  A Feedback Statement has been prepared setting out the Central Bank’s position on the matter which reflects the consensus view from Industry.

CP Number : CP137
Date : 16 February 2021
Closing Date : 16 April 2021

Consultation Paper Document

CP137 Consultation Paper for New Levy Methodology for Payment E-Money Institutions | pdf 980 KB

Feedback Statement

CP-137 Feedback Statement 8 June 2021 | pdf 1157 KB